17:28 - 19.06.2026

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June 19, Fineko/abc.az. Equinor, together with its partners Petoro, Shell, TotalEnergies and ConocoPhillips, will invest approx. $410 million in underwater project TWIN at Troll field in the North Sea.

ABC.AZ informs that the project will allow additional extraction of up to 11 bcm of gas, while the exact annual production volumes have not yet been disclosed. Production is scheduled to start in 2028.

The initiative is seen as a strategic step to strengthen Norway's role as a key supplier of gas to Europe, where the country already provides about a third of demand amid declining supplies from Russia and restructuring of the energy market.